Personal Finance Archives - Page 4 of 5 - Passive Income MD

Displaying 44 Posts categorized under Personal Finance

Lessons Learned at a Physician’s Retirement Planning Workshop

Lessons Learned at a Physician’s Retirement Planning Workshop

Ever wondered whether the retirement planning workshops are actually worth the time and money? Well, that is exactly what Physician on FIRE thought when he came across one at the ASA Annual Meeting. Would the information they provide be helpful? Would they try to sell you something? Or perhaps mention free online resources, such as […]

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5 Attributes That Make You An Easy Financial Target

Have you ever heard that physicians are poor with money management? Well surprise, it might actually be true! After spending half your life in school, then working 80-100 hours a week thereafter – it is a small wonder that we don’t have the time to better manage our money! Fear not! Once we diagnose the […]

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We Are Often Frugal, But Rarely Cheap

We Are Often Frugal, But Rarely Cheap

When you are setting up your budget for the first time, or even altering your current budget to prepare for your financial freedom, you will need to reevaluate a few of your expenses. So, this begs the question: what kind of savings is frugal savings, and what is just plain cheap? The Physician on FIRE […]

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A Home Is An Investment

A Home Is An Investment

To rent or to buy? This is an age-old question. Find out how your home-buying adventure could end up being a great investment. * Don’t forget, my new course Passive Income By Investing In Syndications is only open for enrollment for 3 more days. Join while you can! Today’s Classic is republished from The White […]

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Physician on Fire Declare Financial Freedom

Make Your Declaration of Financial Independence

Do you feel chained down by your bills, financial obligations, and time clock? Don’t worry, we did too. Everyone who has ever done anything has started out where you are today: the beginning. Maybe you have no plan just yet, or maybe you are floating around the idea of changing your life. All it takes […]

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Financial Mistakes It (Mis)takes One To Know One

Financial Mistakes: It (Mis)takes One To Know One

Perfection is the enemy of progress. At least that’s what’s said by those who know the reality of making mistakes. Just because society hides behind the façade of flawlessness, it doesn’t mean that we have to give in to the temptation. The same goes with money says, The Physician Philosopher. Today’s Classic is republished from […]

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personal capital, net worth, wealth management, online budgeting tools

How to Keep Track of Your Net Worth: Review of Personal Capital

As many of you know, I’m a huge fan of goal setting. In fact, I believe it’s a huge part of your journey to financial freedom. It’s also important to track your progress on a consistent basis. It allows you to not only see how well you’re on pace to achieve your goal but it […]

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cash flow personal finance

The Two Most Important Words in Personal Finance

When it comes to personal finance blogs, you’ll see words like debt, budget, net worth, income, expenses, and taxes play prominent roles in articles. However, I believe that the two most important words are simply “cash” and “flow” or together… cash flow. After all, isn’t that what our daily struggles amount to? Figuring out how to […]

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Journal Club 6-21-18

Every other week, I hold a JOURNAL CLUB. After manually filtering through the millions of articles out there on the web, I present a few that impacted my life this month. Here’s our Journal Club for the week, enjoy! It’s graduation season and Nisha Mehta is sharing some “Tips for Graduating Physicians”. Love all the advice […]

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Journal Club 3-15-18

Every other week, I hold a JOURNAL CLUB. After manually filtering through the millions of articles out there on the web, I present a few that impacted my life this month. Here’s our Journal Club for the week, enjoy!   First order of business. Many of you have asked me to let you know if/when the […]

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